Monday, October 24, 2016
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
New Lenovo Systems Commercial Desktops and Notebooks Are Featuring 7th Generation AMD PRO Processors
Apple Watch Nike+ Arrives Friday, October 28
These Are The New Xbox One S Bundles For This Holiday
Smartwatch Market Declines Significantly In The Third Quarter
Samsung Galaxy Tab A 10.1" With S Pen Released
Samsung Galaxy Note 7 Customers To Get New Galaxy Note 8 Or Galaxy S8 Smartphones Half Price
AT&T to Acquire Time Warner For $85.4B
Internet Disruptions Were Caused By Attacked Connected Devices
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Optical Storage > Microso...
Last 7 Days News : SU MO TU WE TH FR SA All News

Saturday, March 10, 2001
Microsoft declines comment on Xbox profitability

Microsoft on Friday declined to address a recent report that it would take five years to reach profitability with its new Xbox video game console, saying the forecast by Merrill Lynch was based on assumptions that were the brokerage's own.

``That forecast was based on information and targets that have not been shared with the public,'' said John O'Rourke, director of games marketing. He declined to comment on Microsoft's projected profitability.

Earlier in the week Merrill Lynch analyst Henry Blodget predicted the Xbox console would lose $2 billion before breaking even in about five years. In a report the brokerage calculated the Xbox would cost Microsoft $380 each to make, and would sell for close to $299, the price of Sony's rival PlayStation 2 console. Accounting for the retail margin, Microsoft was projected to lose about $130 for each Xbox sold.

While analysts have noted that console developers generally lose money on the hardware and profit on software and peripheral sales and licensing fees, the forecast for losses did raise some eyebrows.

O'Rourke said the marketing costs for the launch of the new video game platform will total some $500 million, and that about 1,000 employees were working in the Xbox division.
The Xbox, scheduled for launch this fall, is aiming to attract the same core video game fan base of teenage boys that Sonytargeted with its PlayStation 2, launched in the United States last fall.

PlayStation 2 sold some 1 million units in the United States after its first three months, limited by a shortage of components.

The Xbox incorporates a Broadband high-speed Internet connection, but requires consumers to purchase a peripheral to play DVD movies. In contrast, the sequel to the popular PlayStation console has a DVD player in the console, but consumers must buy an attachment to access the Internet.

Iomega to display Peerless drive        All News        Iomega to display Peerless drive
Iomega to display Peerless drive     Optical Storage News      Iomega to display Peerless drive

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
These Are The New Xbox One S Bundles For This Holiday
Microsoft Cloud Strength Highlights First Quarter Results
Xbox One Maintains Top Spot In September
Microsoft's Cloud Investments In Europe Hits $3 billion
Microsoft Creation New Artificial Intelligence and Research Group
Adobe and Microsoft Partner in the Azure Cloud
Microsoft Unveiled The Nokia 216 Phone
ReCore Arrives on Xbox One and Windows 10 As First Xbox Play Anywhere Game
Microsoft Expands The Xbox Wireless Ecosystem With New PCs And Accessories
Microsoft's Xbox One S Costs $324 To Build
The Xbox Summer Update Starts Rolling Out
Microsoft slashes Surface Pro 4 and Xbox One Prices

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .